CoStar Group (CSGP) : Mondays money flow points at investors jumping to buy the stock on the weakness of price. $4.58 million worth of transactions were on upticks, whereas, the downticks accounted for $4.05 million worth of transactions. The net money flow was a positive $0.53 million and the uptick to downtick ratio was 1.13. The net money flow into the stock was $0 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. CoStar Group (CSGP) was trading at $207.45, down $0.39 during day. The stock slid -0.19% over the previous days close. For the week, the stock recorded 0.86% over the previous weeks close.
Shares of CoStar Group Inc. appreciated by 0.96% during the last five trading days but lost 4.39% on a 4-week basis. CoStar Group Inc. is up 5.75% in the last 3-month period. Year-to-Date the stock performance stands at 1.14%.
CoStar Group (NASDAQ:CSGP): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $207.55 and $206.10 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $209.91. The buying momentum continued till the end and the stock did not give up its gains. It closed at $209.05, notching a gain of 0.58% for the day. The total traded volume was 180,116 . The stock had closed at $207.84 on the previous day.
In a related news, The Securities and Exchange Commission has divulged that Glosserman Michael J, director of Costar Group Inc, had unloaded 5,000 shares at an average price of $206.33 in a transaction dated on August 1, 2016. The total value of the transaction was worth $1,031,650.
CoStar Group, Inc. (CoStar) is a provider of information, analytics and online marketplaces to the commercial real estate industry. The Company has five flagship brands: CoStar, LoopNet, Apartments.com, BizBuySell and LandsofAmerica. The Company has operations in the United States, Canada, the United Kingdom and France. The Company delivers its commercial real estate content to the United States customers primarily through an integrated suite of online service offerings that includes information about space available for lease, comparable sales information, information about properties for sale, tenant information, Internet marketing services, analytical capabilities, information for clients Websites, information about industry professionals and their business relationships, data integration and industry news. It also operates complementary online marketplaces for commercial real estate listings and apartment rentals.